Natural Resources Minister Jim Carr has until Thursday to make a decision.
Oil Sands Mining News
Does the oil we use today originate from the remains of dead dinosaurs? No, but the actual answer is just as interesting.
Sunset start clause for the pipeline tied to Petronas LNG project extended from June 2016 to June 2017
The proposed operations, worth about $3 billion in potential investments, could add up to 95,000 barrels of oil per day to current output.
The energy company is making the move as an acquisition by Enbridge looms.
With supply gluts persisting from corn to oil, traders are already gearing up for declines.
Out of 75 documented threats against nine designated natural and cultural sites, 23 belong to the "physical resource extraction" category.
Prospect of another big oil sands mine in Alberta raises issues of growth and cap on emissions.
Alberta wildfires that swept through Fort McMurray in May have resulted in the loss of $1 billion in planned capital spending in the oilsands for 2016, according to Alberta's chief energy economist.
The 1,770 kilometre, $3.7-billion (U.S.) Dakota Access pipeline would carry oil from just north of the Standing Rock Sioux’s land in North Dakota to Illinois.
A recent report by Arkansas Online says the energy industry's support sector could feel the effects of low oil prices for up to two years after the current bear market recovers.
North America’s biggest energy infrastructure company.
Suncor Energy and Fort McKay First Nation announce agreement for equity partnership in East Tank Farm Developments
Under the terms of the agreement, Fort McKay First Nation will pay 34.3% of the actual capital cost of the East Tank Farm Development once the assets become operational, which is currently anticipated to be in the second quarter of 2017.
Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are tough, and that isn’t our today.
The $2.6 billion project for a pipeline from North Dakota to Wisconsin will be on hold until market conditions improve.
There is speculation Prime Minister Justin Trudeau may announce relaxed terms for SOE investment during his state visit to China this week.
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.
The country’s economy shrank 1.6% in the April-to-June period, the largest quarterly decline in seven years.
Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.
This week's chart looks at costs per barrel, exports, and total oil production.
Pan Orient Energy's strong balance sheet puts it in position to begin drilling at East Jabung in Indonesia at the end of this year.
It's possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it's also possible that they are ramping up production to take the sting out of a freeze.
Bob Moriarty points investors toward information that accurately captures movement in energy markets.
Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.
Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal talks on a possible production freeze, Reuters reported on Wednesday, citing industry sources.